July 5, 2017 / 12:27 PM / in 5 months

BRIEF-Macarthur Minerals withdraws prospectus for ASX IPO of Macarthur Australia

July 5 (Reuters) - Macarthur Minerals Ltd:

* Macarthur Minerals withdraws prospectus for ASX IPO of Macarthur Australia

* Macarthur Minerals - ‍although ASX IPO was received with interest, since co announced proposed ASX IPO, capital raising market for Australia has declined​

* Says ‍Macarthur Australia remains over a 90 pct owned subsidiary of Macarthur Minerals​

* Macarthur Minerals -Macarthur Minerals will continue to advance Macarthur Australia Lithium And Iron Ore Projects, as well as its Nevada lithium projects Source text for Eikon: Further company coverage:

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